A flash loan attack exploited the Allbridge Core stablecoin pool on Solana, causing an estimated $1.65 million loss. The attacker used a $1.12 million USDC flash loan to distort the USDC/USDT pool balance, extracting value before repaying the loan in the same transaction. The protocol paused operations and urged liquidity providers to withdraw funds while assessing damage. The stolen funds were traced moving from Solana to Ethereum through privacy tools. The incident highlights risks in stablecoin routing protocols and the need for stronger defenses against flash loan exploits. A technical post-mortem and patches are expected soon.
PayPal's board has reportedly rejected an offer valuing the company at $60.50 per share, considering it inadequate. This comes as PayPal's stock currently trades at around $56 per share. The board's stance suggests they believe the company's value is...
NewAmsterdam Pharma is developing obicetrapib, a drug with potential to reduce cardiovascular risk beyond just lowering LDL cholesterol. The company's valuation reflects optimism about its drug pipeline rather than current sales. Critical upcoming ev...
Noah Holdings Limited is rated as a BUY, trading at a low forward price-to-earnings ratio of 6x, supported by robust expected earnings per share growth and an attractive 8% dividend yield. The company’s future earnings are expected to benefit from AI...
JPMorgan Chase demonstrates strong earnings power with normalized EPS near $25 and a robust balance sheet supporting ongoing shareholder returns. Its diversified business segments, especially commercial/investment banking and asset/wealth management,...
As of July 25, 2026, ten public companies collectively hold over 1 million bitcoin, with Strategy (formerly MicroStrategy) leading by a wide margin at 843,775 BTC. While Strategy's bitcoin holdings continue to grow, its stock has fallen 40% in 2026 d...
